Renewable Energy

SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects

SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […]

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Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments

Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […]

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Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA

Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […]

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Energy Partnership Between India & US Supports Sustainable Development

The energy cooperation between the US and India supports sustainable development, harnesses sources to meet 21st-century power needs, protects national security, and promotes regional and international stability, a senior official from Washington has said. At a daily news conference on Monday, the State Department Spokesperson Ned Price said, the US and India collaborate on natural […]

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Solar now the Leading Source of Renewable Energy in India: MNRE

MNRE in its January 2021 report, has detailed that solar, with 38.79 GW installed, is now the leading source of renewable energy in India The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of January 2021, detailing all the events and development that took place during the […]

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Welcome Back! CERC Order on Connectivity for RE projects With ISTS Connections

On February 20, in one of its more far-reaching orders since reconvening with the addition of a member legal, the Central Electricity Regulatory Commission (CERC) has released its new order on regulation 27 of the CERC (Grant of Connectivity, Long-term Access and Medium-term Open Access in inter-State Transmission and related matters) Regulations, 2009. The order […]

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Fifth Extension for SECI’s EOI for Renewable Solutions in Himalayas

SECI issues 5th extension for its call for renewable solutions for meeting energy requirements in remote areas of the Himalayas. The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ technology for meeting energy requirements in […]

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Renewable Sector Springs Back to pre-COVID Levels in India: CEEW-CEF

The renewable energy sector in India has rebounded to pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, per CEEW-CEF The renewable energy sector in India has rebounded to the pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, according to a new quarterly analysis release by the CEEW-Centre for Energy […]

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